<ARTICLE> 9 <CIK> 0000741516 <NAME> American National Bankshares, Inc. <MULTIPLIER> 1000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 10,471 <INT-BEARING-DEPOSITS> 105 <FED-FUNDS-SOLD> 5,350 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 74,139 <INVESTMENTS-CARRYING> 81,056 <INVESTMENTS-MARKET> 80,686 <LOANS> 247,368 <ALLOWANCE> 3,206 <TOTAL-ASSETS> 430,900 <DEPOSITS> 359,266 <SHORT-TERM> 0 <LIABILITIES-OTHER> 18,930 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,280 <OTHER-SE> 49,424 <TOTAL-LIABILITIES-AND-EQUITY> 430,900 <INTEREST-LOAN> 5,352 <INTEREST-INVEST> 2,500 <INTEREST-OTHER> 24 <INTEREST-TOTAL> 7,876 <INTEREST-DEPOSIT> 3,475 <INTEREST-EXPENSE> 3,677 <INTEREST-INCOME-NET> 4,199 <LOAN-LOSSES> 243 <SECURITIES-GAINS> 23 <EXPENSE-OTHER> 2,515 <INCOME-PRETAX> 2,179 <INCOME-PRE-EXTRAORDINARY> 2,179 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,537 <EPS-PRIMARY> 0.47 <EPS-DILUTED> 0.47 <YIELD-ACTUAL> 4.21 <LOANS-NON> 278 <LOANS-PAST> 257 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 3,070 <CHARGE-OFFS> 122 <RECOVERIES> 15 <ALLOWANCE-CLOSE> 3,206 <ALLOWANCE-DOMESTIC> 3,111 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 95